Snakk founder Derek Handley to leave board, shares fall

Tue, 01 Sep 2015

By Joshua Riddiford Sept. 1 (BusinessDesk) - Snakk Media founder Derek Handley will step down as chairman of the mobile advertising technology company by the end of the year in a wider boardroom shuffle. Handley, whose interests own about 15 percent of Snakk, will leave the board of the firm he co-founded in 2010, and Michelle Kong will retire after the Sept. 16 annual meeting, the company said in a statement. Their exit is part of a boardroom rejuvenation, which will install Macquarie Telecom, an Australian cloud hosting business, cha...

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